Can Shilpa Shetty make Mamaearth as successful as Nykaa was for Katrina Kaif and Alia Bhatt?

While Katrina Kaif and Alia Bhatt received a 10x return on their Nykaa investments, it is unknown how much Bollywood actor Shilpa Shetty would make when she exits Mamaearth through an initial public offering (IPO).

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According to the draft red herring prospectus, Shetty invested 6.7 crore rupees in the business and bought more than 16 lakh shares at a price of 41.86 rupees each.

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Mamaearth was the first brand introduced, and over time it expanded its portfolio to include The Derma Co., Aqualogica, Ayuga, BBlunt, and Dr. Sheth’s.

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